Whereas, the State Comptroller is responsible for the preparation of recurring wages and salary payments for employees of the State of New York; and

Whereas, the State Comptroller, in consultation with the Commissioner of Taxation and Finance, has determined that employees paid by the Office of the State Comptroller should have the option of receiving their wages and salary payments through a direct deposit program, and the State Comptroller thereafter promulgated these regulations in furtherance of developing a program for electronic transfers of funds to employees' personal accounts at financial institutions; and

Whereas, the enactment of chapter 48 of the Laws of 1988 provided the State Comptroller with the authority to promulgate reasonable rules and regulations as may be necessary, to administer the direct deposit of employees' salaries; it is, therefore, hereby:

Determined that the following regulations shall be promulgated prescribing the procedure for an optional alternative means of payment to State employees, consisting of a program to be known as the direct deposit program.